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Archive for May 6th, 2008

Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
Watching And Waiting
Posted by FT on May 6, 2008

Today’s been a thinking and watching day. After some of last week’s big moves I’m wary of jumping on the bandwagon. Equally, I’m not confident enough to go against the trend.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
Anglo-Irish Bank and Easyjet
Posted by Garden Gnome on May 6, 2008

As the immortal Harry Callahan said ……’Do I feel lucky? Well do ya punk?

Similar thoughts cross my mind at the moment when I start to look at bank stocks,


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